Failing Firm Defense Ecuadorian version. Some contributions and reflections on the new failing firm defense

Authors

DOI:

https://doi.org/10.18800/themis.202002.017

Keywords:

Failing-firm exception, Superintendence of Market Power Control, economic concentration control, Antitrust, Organic Law of Regulation and Control of Market Power

Abstract

On April 20, 2020, the Superintendence of Market Power Control published Resolution SCPM-DS-2020-018 establishing a fast-track process to investigate certain operations subject to the ex-ante notification regime. What will be explored in this article is one of the cases that qualify to benefit from the fast-track process: the failing-firm defense exception.
In summary, the Superintendence of Market Power Control has said that it will now take less time to review operations that target a company in economic difficulties, and it outlines the material parameters it will use to guide that decision. How-ever, such inclusion brings with it much more than it appears.

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Author Biography

  • Mario Navarrete Serrano, Universidad San Francisco de Quito

    Abogado. Master of Laws (LL.M.) en Competencia, Información e Innovación por el New York University School of Law. Profesor del Colegio de Jurisprudencia de la Universidad San Francisco de Quito y director del Grupo de Derecho de Competencia de su Instituto de Investigaciones Jurídicas. Asociado sénior de Pérez Bustamante & Ponce (Quito, Ecuador).
    Contacto: mnavarrete@usfq.edu.ec

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Published

2020-09-13

Issue

No. 78 (2020): Competencia

Section

Sección principal

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

Failing Firm Defense Ecuadorian version. Some contributions and reflections on the new failing firm defense. (2020). THEMIS Revista de Derecho, 78, 345-356. https://doi.org/10.18800/themis.202002.017